Ferrari (RACE) Prices 17.2M Common Stock IPO at $52/share, Top of Expected Range

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Go back to Ferrari (RACE) Prices 17.2M Common Stock IPO at $52/share, Top of Expected Range

Fiat Chrysler Automobiles (FCAU) on Watch as Ferrari (RACE) IPO Set to Open

October 21, 2015 9:42 AM EDT

Traders are looking for a potential 'sell the news' on Fiat Chrysler Automobiles (NYSE: FCAU) following the opening of the
Ferrari (NYSE: RACE) IPO.

... More

Ferrari (RACE) Prices 17.1M Common Stock IPO at $52/Share

October 21, 2015 6:14 AM EDT

Fiat Chrysler Automobiles N.V. (NYSE: FCAU) and its subsidiary Ferrari N.V. ("Ferrari ") (NYSE: RACE) announce today the pricing of Ferrari's initial public offering of 17,175,000 common shares at an offering price of $ 52 per share for a total offering size of $ 893.1 million ($ 982.4 million if the underwriters exercise the option described below in full). The shares are expected to begin trading... More